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U.S. Dollar / Canadian Dollar
Long
Jan 9
USDCAD: Confirmed Bearish Trap?! 🇺🇸🇨🇦
5
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USDCAD formed a bearish trap with a false breakout of a key daily/intraday
horizontal support.
The trap was followed by a confirmed bullish imbalance and a breakout
of the upper boundary of a consolidation range on a 4H.
With a high probability, the price will rise and reach 1.444 level.
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